Canoo Shares Pop On Contract To Supply EV To US Army For Analysis

by Shivani Kumaresan, Benzinga Staff Writer

July 14, 2022 9:25 AM | 1 min read |

Canoo Inc GOEV is set to supply its electric vehicle to the U.S. Army for analysis and demonstration.
The contract will support the U.S. military's focus on incorporating scalable and adaptable capabilities in operational and garrison environments.
Canoo's multi-purpose platform was recently selected by NASA for crew transportation vehicles to deliver astronauts to the Artemis launch site for lunar missions.
"This is another opportunity to prove our proprietary technology – which is customizable and adaptable for multiple use cases and special environments," said Chairman & CEO Tony Aquila.
Price Action: GOEV shares are trading higher by 9.52% at $3.91 in premarket on Thursday.

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